Bitcoin, Ethereum, Dogecoin Tumble As Trump Ups China Tariffs, Scraps IRS Rule In Nod To Crypto Voters: Rising Yuan Could Boost Altcoins, Says Analyst
The cryptocurrency market cap dropped 2.80% in 24 hours to $2.54 trillion following President Donald Trump‘s sweeping tariff announcement, imposing a 145% duty on Chinese imports and a 10% universal tariff on most other goods. Cryptocurrency Gains +/- Price (Recorded at 9.47 p.m. ET) Bitcoin (CRYPTO: BTC) -3.34% $79,672.33...
Read More
XRP Derivatives Frenzy: Future Trading Volumes See Explosive Growth To New Heights
After trading below the $2 mark for the past 3 days, XRP has finally recovered the level with a nearly 14% upswing in mere hours. Its recent upward move to the $2 level is attributed to a sudden surge in the entire crypto market, coupled with the notable bullish...
Read More
XRP Derivatives Frenzy: Future Trading Volumes See Explosive Growth To New Heights
After trading below the $2 mark for the past 3 days, XRP has finally recovered the level with a nearly 14% upswing in mere hours. Its recent upward move to the $2 level is attributed to a sudden surge in the entire crypto market, coupled with the notable bullish...
Read More
Senate Dems Slam DOJ’s Decision to Axe Crypto Unit as a ‘Free Pass’ For Criminals
U.S. Deputy Attorney General Todd Blanche is under fire from Senate Democrats following his recent decision to narrow the Department of Justice’s (DOJ) crypto enforcement priorities and disband its crypto enforcement squad. In a Thursday letter to Blanche, six Senate Democrats — Sens. Mazie Hirono (D-Hawaii), Elizabeth Warren (D-Mass.),...
Read More
Bitcoin Whale Demand Accelerating, Is BTCUSD Ready For $90,000?
Bitcoin whale demand is surging, lifting Bitcoin prices. Is BTC USD set for $90,000? In the last three months, prices plunged by nearly 30% from all-time highs, triggering massive liquidations. As prices pick up momentum, the Bitcoin hash rate is also trending higher, recently reaching all-time highs. Although the...
Read More
Trump signs resolution overturning IRS DeFi broker rule
The repeal fosters a more innovation-friendly environment for DeFi, reducing compliance burdens and protecting user privacy in the crypto sector. The post Trump signs resolution overturning IRS DeFi broker rule appeared first on Crypto Briefing....
Read More
President Trump Signs Resolution Erasing IRS Crypto Rule Targeting DeFi
With a signature from President Donald Trump, the decentralized financial (DeFi) corner of the crypto sector is now freed from U.S. Internal Revenue Service demands that such platforms be treated as brokers and required to track and report user activity. That narrowly focused IRS rule, approved in the final...
Read More
21Shares Partners With House Of Doge To Launch Dogecoin ETP
Asset manager 21Shares has partnered with the House of Doge, the corporate arm of the Dogecoin foundation, to launch a Dogecoin ETP in Europe. The asset manager also just filed to offer a US DOGE ETF, becoming the third firm to do so. 21Shares Partners With House Of Doge...
Read More
Helium Issuer Nova Labs Agrees to Pay SEC $200K to Settle Allegations It Lied to Investors About Brand Partnerships
Nova Labs, the parent company behind the Helium blockchain, has agreed to pay the U.S. Securities and Exchange Commission (SEC) $200,000 to settle civil securities fraud charges the regulator filed against the firm in January, a court filing said Thursday. Without admitting or denying any wrongdoing, Nova Labs agreed...
Read More
New SEC Staff Statement Urges Detailed Crypto Token Disclosures
Crypto companies issuing or dealing with tokens that may be securities should provide detailed disclosures, the U.S. Securities and Exchange Commission (SEC) said on Thursday. The SEC published its latest staff statement on disclosures ahead of its second roundtable — which will focus on trading — “as part of...
Read More